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    Payments

    PayNet Teams up With NETS to Enable Cross Border Debit Card Payments, QR Payments is Next

    By Vincent FongNovember 29, 2019

    PayNet and it’s Singaporean counterpart NETS announced today the launch of a real-time cross-border payments using MyDebit ATM cards in…

    E-Wallets Payments

    DuitNow QR Gains Traction as Fave Becomes The Latest to Adopt the National Payment QR

    By Vincent FongNovember 28, 2019

    Paynet and Fave announced today that FaveBiz is the first non-bank merchant acquirer to offer DuitNow QR, Malaysia’s national QR…

    E-Wallets Payments

    RHB Facilitates Adoption of Boost e-Wallet at Government Clinics

    By Fintech News MalaysiaNovember 26, 2019

    RHB Islamic Bank announced today that they have collaborated with Boost and the Ministry of Health Malaysia to enable e…

    Islamic Fintech

    Sedania Launches Islamic Financial Marketplace Assidq.com

    By Vincent FongNovember 26, 2019

    Sedania As Salam Capital Sdn Bhd, a wholly-owned subsidiary of Sedania Innovator Berhad, has announced the launch Assidq.com, an Islamic…

    Payments

    Prudential Partners Boost for Digital Payments

    By Fintech News MalaysiaNovember 25, 2019

    Prudential announced today a partnership with Boost to enable e-wallet payments for Prudential’s customers. Through this partnership the insurer’s customers…

    Payments

    Soft Space Lands Partnership in Thailand to Drive Cashless Push

    By Fintech News MalaysiaNovember 22, 2019

    Soft Space and its Thai-based partner Digio announced Thursday that they landed a partnership with interbank payment provider, Processing Center…

    Insurtech

    Insurtech Startup Fi Life Introduces New 20 Year Level Term Life Insurance Policy

    By Fintech News MalaysiaNovember 21, 2019

    Fi Life announced today that it has added a new 20-year level term life insurance policy to its current suite…

    Payments

    TransferWise Launches in Malaysia, Open to Partnership with E-Wallets

    By Vincent FongNovember 21, 2019

    Following the news of TransferWise securing their remittance license from Bank Negara Malaysia in June 2019, the international remittance company…

    Lending

    Funding Societies Teams with Carsome to Offer USD $200m Financing to Car Dealers

    By Fintech News MalaysiaNovember 19, 2019

    Funding Societies Malaysia, the largest peer-to-peer (P2P) financing platform in the country and Southeast Asia, has announced its partnership with…

    Banking

    Hong Leong Bets on a Digital Bank for its Expansion into Vietnam

    By Fintech News MalaysiaNovember 15, 2019

    In a bid to capture foreign markets, Malaysian banks are increasingly turning to launching a digital bank as a strategy.…

    Banking Digital Transformation

    How Are Malaysia’s 5 Largest Banks Responding to Fintech in 2019

    By Vincent FongNovember 13, 2019

    Banks are often punching bags when one thinks of industries that are not innovating quick enough. When the term fintech…

    Payments

    GrabPay Becomes First E-Wallet in Malaysia to Adopt DuitNow QR

    By Vincent FongNovember 1, 2019

    PayNet and Grab jointly announced today that GrabPay has adopted Malaysia’s national QR payments standard, DuitNow QR; making GrabPay the…

    E-Wallets

    Which is the Top E-Wallet in Malaysia?

    By Fintech News MalaysiaOctober 31, 2019

    iPrice and App Annie recently teamed up to compile data on which is the top e-wallet in Malaysia. Their findings…

    Various

    RAMCI is The Latest in Experian’s Investment Spree into Data Companies

    By Vincent FongOctober 25, 2019

    Experian, the global information services company announced this week that they have acquired a controlling stake in local credit bureau…

    Blockchain/Bitcoin

    Luno Is The First Cryptocurrency Exchange to Receive Full Approval in Malaysia

    By Vincent FongOctober 22, 2019

    The Securities Commission of Malaysia has given full approval to Luno’s application to operate as a Recognized Market Operator (Digital…

    WealthTech

    New York Based Wahed Invest Approved to Operate Malaysia’s First Islamic Robo-Advisor

    By Vincent FongOctober 21, 2019

    American-based Wahed Invest halal robo-advisory platform announced today that they have successfully obtained regulatory approval from the Securities Commission Malaysia…

    Crowdfunding

    PitchIN’s First ECF Exit with MyCash Online Gives its Investors 44.2% Returns

    By Fintech News MalaysiaOctober 17, 2019

    A group of MyCash Online investors have recently accepted a buyout offer for their shares from VC company 500 Startups.…

    Various

    Tranglo’s Minority Shareholders Sues Hong Kong Based “Unicorn” TNG Fintech Group

    By Vincent FongOctober 16, 2019

    Minority shareholders of Malaysian based payments company Tranglo has filed an oppression suit against TNG Fintech Group which acquired 60%…

    Blockchain/Bitcoin

    HSBC Succesfully Pilots Malaysia’s First Letter of Credit Transaction on the Blockchain

    By Fintech News MalaysiaOctober 14, 2019

    HSBC announced that it has successfully executed a live blockchain Letter-of-Credit (LC) transaction in Malaysia. The transaction involved the import…

    Digital Transformation

    A Glance at Malaysia’s Fintech Friendly Budget 2020

    By Vincent FongOctober 14, 2019

    Malaysia’s Budget 2020 was tabled last Friday, charting the economic direction of the nation. Broadly speaking, there were some hits…

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